Objectives

The primary objective of this tender is to appoint a qualified service provider to supply short-term insurance coverage for the organization over a period of three years. The selected provider will be responsible for managing and delivering comprehensive insurance solutions to cover various assets and liabilities as specified in the scope.

Scope

The scope of the tender includes the provision of short-term insurance services for the following asset categories:

• Buildings
• Land
• Office equipment
• Emergency equipment
• Motor vehicles
• Furniture and fixtures
• Plant & equipment

The insurance coverage will encompass the assessment, underwriting, risk management, and claims handling for these assets over the three-year period.

Technical Requirements

The technical requirements for the tender include:

• Provision of comprehensive short-term insurance policies covering all specified asset categories.
• Management of risk assessments and underwriting processes.
• Handling of claims efficiently and transparently.
• Regular reporting on policy status, claims, and risk management activities.
• Adherence to relevant insurance regulations and standards.
• Provision of detailed documentation and support for asset valuation and depreciation.

Skills Requirements

The successful service provider must demonstrate:

• Extensive experience in providing short-term insurance services, preferably within the public sector or similar organizations.
• Strong expertise in asset valuation, risk assessment, and claims management.
• Knowledge of relevant insurance laws and compliance requirements.
• Capability to manage multiple asset classes with diverse insurance needs.
• Effective communication and reporting skills.
• A proven track record of delivering reliable and cost-effective insurance solutions.